Settings8H · net · $10k
Funding arb · Price arb /

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.068%
Price spread now: Hyperliquid against MEXC+0.253%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$560.558% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 7 days−0.120%−$12 · spread now +0.253%, 7d avg +0.168%
Together, before fees−0.033%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.084% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.168%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EIGEN_USDT0.23730.0100pay 0.0050% / 4h3h 53m$8.0M$2.3M125x
ShortHyperliquid EIGEN0.23790.0100get 0.0013% / 1h53m 04s$4.5M$1.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.253% → +0.168%
$8.44
Slippage, 4 orders
−$42.77
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$47.34
Costs to cover
0.558%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Hyperliquid: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago2.10 bp4.1 bp −$415.8 bp −$158144.6 bp −$14.5Kdoesn't fit
Sell Hyperliquid live order book, 9 min ago4.21 bp23.2 bp −$23doesn't fitdoesn't fitdoesn't fit

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange EIGENUSD−0.6312%1h0.2329−1.854%$790$5K10xas long as short
Bybit EIGENUSDT−0.0612%4h0.2375+0.080%$9.0M$7.4M50xas long as short
Kraken Futures PF_EIGENUSD−0.0079%1h0.2377+0.177%$159K$116K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2374+0.029%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2375+0.093%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.739%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2379+0.270%$535K$495K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2375+0.105%$36K$20K3xas long as short
Hyperliquid EIGENshort+0.0100%1h0.2379+0.253%$4.5M$1.8M5x
Aster EIGENUSDT+0.0100%4h0.2376+0.115%$44K$26K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2376+0.108%$8.0M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.23730.000%$1.6M$4.7M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2374+0.042%$706K$590K50xas long as short
MEXC EIGEN_USDTlong+0.0100%4h0.2373long leg$8.0M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2374+0.042%$2.4M$9.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.23730.000%$1.8M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2375+0.084%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2374+0.026%$208K$136Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2371−0.071%$184K$2.7M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2370−0.126%$34K$233K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2374+0.042%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2374+0.057%$87K$691K10xas long as short
BloFin EIGEN-USDT+0.0149%4h0.2367−0.253%$348K$112K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2375+0.080%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0504%1h0.2380+0.282%$39K$277K50xas long as short
Reya EIGENRUSDPERP+0.0522%1h0.2376+0.117%$82915xas long as short